Commodities: Global prices steady in April

KARACHI:

The sliding dollar and increased oil prices kept global food prices steady in April after a decline in March, following eight months of successive increases, United Nations Food and Agriculture Organization (FAO) said on Thursday.

According to the FAO, a decline in sugar prices and a decline in rice rates helped stabilise the index, but international prices of nearly all other food commodities remained firm.



Published in The Express Tribune, May 6^th, 2011.